Gold Sees Modest Safe-Haven Demand Following Belgium Terror Attacks
Gold prices ended the U.S. day session modestly higher and near the middle of the day’s trading range Tuesday, on safe-haven buying after coordinated terrorist strikes in Brussels, Belgium.
Gold at Fort Knox? Donald Trump Doesn’t Think So
Although he made this assumption nearly one year ago, the Donald’s comments on gold at Fort Knox – or lack thereof – are making the rounds on Twitter again Tuesday.
Why Gold’s Bull Market Is In Doubt – Technician
(Kitco News) – Gold prices have made significant gains since the start of the year, and according to one market technician, the yellow metal is now at a key junction which will determine whether or not the rally will last or fizzle out.
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreMarkit U.S. Flash PMI Shows Slight Rise To 51.4 In March
(Kitco News) – Preliminary estimates show the U.S. manufacturing sector remains on the cusp of falling into contraction territory.
Read moreIamgold Issues Flow-Through Shares To Fund Westwood, Converts Bullion Holdings Into Cash
Company officials say Iamgold Corp. (TSX: IMG; NYSE: IAG) issued flow-through shares to fund development of the Westwood mine, and investment holdings of gold were sold.
Read moreGold Up On Safe-Haven Demand Following Brussels Terror Attacks
Coordinated terror attacks in Brussels, Belgium have helped to push gold prices moderately higher in early U.S. trading Tuesday, on fresh safe-haven demand. April Comex gold was last up $9.40 at $1,253.50 an ounce. May Comex silver was last up $0.093 a…
Read moreABN Amro Ups Its 2016, 2017 Gold Forecast Again
For the second time in as many months one major Dutch bank has increased it forecast for gold. In a report published Tuesday, analysts at ABN Amro increased their year-end target for gold to $1,370 an ounce, up from their previous target of $1,300. For 2017 they see prices ending the year at $1,450 an ounce, up from the initial forecast at $1,300.
Gold Rallies Following Terror In Brussels
Gold prices are moderately higher in early U.S. trading, on Fresh safe-haven demand.
Read moreThe 6PM Recap With Gary Wagner: Risk On But In A Very Laid Back Way
West Texas Intermediate crude was up over 1.00% while Brent was up just under 1.00% at the close of regular trading. In after hours, prices seem to be holding.
Read more